abandoned mine insurance News

How Underground Abandoned Mines Pose Danger When Land Collapses

Swaths of Pennsylvania and many other states are honeycombed with old, unstable mines that can cause the earth to suddenly give way and threaten people and property. That’s what searchers in Westmoreland County, just southeast of Pittsburgh, fear led to …

Lawmakers Vow to Review Abandoned Mine Insurance Program

Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. The coal sector is responsible …

Alpha Natural Facing Big Insurance Buy for Abandoned Mines Shortfall

Alpha Natural Resources Inc, a struggling U.S. coal company, may be forced to buy costly new insurance or otherwise ensure it can cover obligations for cleaning up any abandoned mines, according to officials in West Virginia. Alpha has been allowed …